Make in India

The Make in India model is a government initiative aimed at promoting manufacturing in India. It is relevant to start-up businesses as it creates opportunities for them to contribute to the manufacturing sector through innovation and technology, thereby supporting socio-economic development.

Business reengineering involves the radical redesign of business processes to achieve dramatic improvements in critical performance measures. It is significant as it allows organizations to adapt to changing market conditions and enhance operational efficiency.

The challenges for start-up businesses in India include access to funding, regulatory hurdles, and competition. However, there are growth prospects due to the increased attention, recognition as engines for growth and job generation, and potential for impactful solutions through innovation and scalable technology.

The key dimensions of Holistic Performance Scorecard (HPC) and CINE Matrix for VUCA Context are strategic frameworks that enable organizations to assess and navigate complex and volatile business environments, focusing on holistic performance measures and adaptive strategies.

Start-up businesses play a crucial role in business continuity by leveraging innovative coping strategies to adapt to changing market dynamics and disruptions, thereby contributing to the resilience and sustainability of the overall business ecosystem.